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  1. MCX shares rise over 2% as board fixes record date for first-ever stock split; check details

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MCX shares rise over 2% as board fixes record date for first-ever stock split; check details

Upstox

2 min read | Updated on December 18, 2025, 13:52 IST

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SUMMARY

The Multi-Commodity Exchange had received shareholder approval for the stock split at its annual general meeting (AGM), which was held on September 13, 2025.

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MCX is India's largest commodity derivatives exchange. | Image: Shutterstock

MCX share price: Shares of the Multi-Commodity Exchange of India (MCX) surged as much as 2.21% to an intra-day high of ₹10,247 per unit on the National Stock Exchange (NSE) on Thursday, December 18.
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This follows the domestic exchange’s board of directors fixing a record date for its first-ever stock split in the ratio of 1:5, as stated in a regulatory filing dated December 17.

Its board set Friday, January 2, 2026, as the record date for “the purpose of determining the shareholders eligible for the aforesaid sub-division of existing equity shares,” the firm added.

This means stakeholders who hold shares of MCX as of the record date will be eligible to receive five equity shares with a face value of ₹2 each, fully paid-up, for every one equity share with a face value of ₹10 each that they own.

The company had received shareholder approval for the stock split at its annual general meeting (AGM), which was held on September 13, 2025.

MCX stock performance

Shares of MCX were trading 1.75% higher at ₹10,200 per equity share at around 1:46 pm.

The scrip has gained about 2.5% in the past week and more than 5% over the month. On a year-to-date basis, it has zoomed nearly 62%.

While the stock touched a 52-week high of ₹10,516 on December 8, 2025, it reached a year’s low of ₹4,408.15 per equity share on March 11, 2025.

MCX gold and silver

The year 2025 saw precious metals, gold and silver, having a spectacular run on the domestic exchange. Silver futures crossed the ₹2 lakh/kilogram mark on December 12, before hitting a lifetime high of ₹2,07,833 per kilogram (March delivery) on December 17.

Silver has surged nearly 125% in 2025, both domestically and internationally, primarily driven by supply shortages and rising industrial demand.

Gold futures for the February expiry advanced to a fresh record high of ₹1,35,496 per 10 grams on the MCX on December 15. This year, gold rallied by nearly 70%.

MCX has a total market capitalisation of ₹52,018.34 crore, as of December 18, 2025, according to data on the NSE.

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Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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